[bisq-network/proposals] New trade protocol (#52)

chimp1984 notifications at github.com
Tue Oct 15 19:07:53 UTC 2019


> So this is a paid position of power.

You misunderstand the arbitration role. Core goal was to remove the 3rd key from the multisig as that could cause legal risks as well as security risks and prevented to scale up arbitration. 
Arbitrators pay out the BTC from their pocket and later do the reimbursement to get refunded that expense. That is a risky (volatility) role and only reason is that we wanted to avoid to load that burden of reimbursement to the user to avoid that users do not accept the new protocol as most don't understand the importance to remove the 3rd key. So it is absolutely not about creating a "power role" but a burdensome and risk taking role. After the new system is well introduces anyone can sign up to become arbitrator (high bond still needed as it comes with higher responsibility - is kind of supreme court).

> COINLOCKING

See other comment. I don't see any reason for worry and there is no big change to current protocol in that regards. 

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